Posted 2/19/2024, 7:00:35 AM
Investors Pour Billions into Booming India As New Asian Tiger
- Investors are diverting billions away from slowing Chinese economy into faster growing India
- India's stock market gained 17% last year due to strong economic growth and policy reforms
- India is now world's fastest major economy and 4th largest stock market after overtaking Hong Kong
- Concerns remain about potential overvaluation and outcome of India's 2024 general election
- India seen as prime investment destination but external risks like geopolitics still a potential worry
